Microgiving

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MicroGiving, Inc.
Type Private
Founded Boynton Beach, Florida
(November 13, 2007)
Headquarters Boynton Beach, Florida
Key people John Ferber, Founder and CEO
Website microgiving.com
Type of site microphilanthropy
Available in English
Launched January 2008
Current status Active

Contents

[edit] MicroGiving (Organization)

Established in 2007, Microgiving.com was founded and funded by businessman and philanthropist, John Ferber, as a means for universal participation in direct charitable giving; donor-to-recipient, the alternative to the traditional model of donor-to-organization. MicroGiving is philanthropic marketplace similar to Ebay, but instead of buyers and sellers there are donors and recipients. Individuals in need post a request on the site, and donors can browse the community, choose from thousands of different causes and give any amount through with in their means to the recipients of their choice.

Rooted from the notion that selfless giving, even in the smallest denominations, to individuals in need of assistance immediately triggers a “feel good” sensation in donors and recipients, Microgiving.com was created to provide an organized community for social responsibility. It is the mission of the organization to provide, facilitate and empower individual charitable donation by enabling members to pick, choose and give directly to anyone in need, no matter how much they have to give.

[edit] How it works

Microgiving.com is completely transparent for both donors and recipients alike and all gifts, large or small, are welcome. Donors and recipients join the community and create personal profiles. Recipients customize their profiles to share what it is that they need and can provide supporting information for their personal cause. Donors browse through the personal stories of the recipients and choose which profiles they would like to donate to. Recipients receive the donations directly through Paypal and continue to provide updates and most often, sentiments of extreme gratitude.

Through this creative combination of social networking and microphilanthropy MicroGiving.com puts those with the $10 to share, together with the 10 lives they can change. This opens doors to those who never believed they could offer anything to help others. Anyone with an internet connection and a Paypal account can participate.

[edit] Organization & History

MicroGiving.com was founded and funded by technology magnate, John Ferber. A Baltimore native, Ferber began his professional career when he developed one of the first online interactive games, HoverRace. He went on to have continued success with innovative marketing and e-commerce tools including the internationally recognized, ClickTracker® software. In 1997 Ferber streamlined his initiatives with the launch of Advertising.com and his core Adlearn® technology [1]. The site was an instant success and grew to be widely recognized as one of the most influential sites on the Internet. Time Warner went on to acquire Advertising.com in 2004. Ferber’s contributions to the industrialization of the Internet has earned him prestigious technology and business awards including being named, along with his brother Scott Ferber, the Ernst & Young Entrepreneur(s) of the Year in 2000 and recognition as one of the regions top executives under the age of 30 by Washington Techway. John Ferber currently resides in South Florida where in 2007 he turned his attentions and efforts towards philanthropy and finding new ways to use the Internet to help people who are in need on variety of different levels.

[edit] Statistics

Since the launch of their site in January of 2008, MicroGiving has received nearly $100,000 in committed funds, and hundreds of requests have been funded. The average request size is $300.

Payment As a privately-funded, charitable organization, MicroGiving relies solely on the generous philanthropic support from its founder, John Ferber.